• Title/Summary/Keyword: Business performance indicators

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The Effect of Curiosity on Employee Performance: A Case Study in Indonesia

  • SUMA, Dewi;BUDI, Budi Alamsyah Siregar
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1385-1393
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    • 2021
  • This study examines the impact of independent behavior, goal achievement, and curiosity on employee performance and examines the impact of independent behavior and goal achievement on employee performance through curiosity. This research is conducted on a survey using explanatory research. Data collection is carried out using a questionnaire as a research instrument. The questionnaire was conducted on employees of finance companies in Yogyakarta, Indonesia. The selection of companies used as research is based on the similarity of the products being marketed. In Yogyakarta, there are 54 branch offices of finance companies that carry out business activities. However, of the 54 companies, ten have the same products being marketed, namely mortgage loans, investment loans, and multipurpose loans. In contrast, other finance companies focus more on motor vehicle loans—determining the number of samples obtained by multiplying by six times the number of indicators used. The sampling technique is done by purposive sampling with specific respondent criteria. In this study, analysis techniques, using Structural Equation Modeling (SEM) with AMOS 22. The results showed that the increase in employee performance was influenced by curiosity regarding independent employee behavior. This study provides recommendations human resource management practices that have an impact on organizational performance.

Assessing the Construct Validity of PMIS Effectiveness Measurement - Focusing the Administration DB Construction Projects - (공공정보시스템 효과성 측정지표의 타당성 검증에 관한 연구 - 행정정보DB구축사업을 중심으로 -)

  • Kang, Dong-Seok;Yoo, Si-Hyeong
    • The KIPS Transactions:PartD
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    • v.16D no.3
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    • pp.417-422
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    • 2009
  • It is important to verify the validity of indicators assessing PMIS(Public Management Information System) effectiveness in academic research as well as practical affairs. As people invest in the field of Information Technology(IT) or IT system, private corporations are interested in investment in IT and it's business value. Moreover, the need of evaluating effectiveness on the investment in IT with the limited national budget are on the increase in public sector. Therefore, it is necessary to define the construct of PMIS(Public Management Information System) effectiveness so that we systematically compare and measure performance of public informatization project processed by each public organizations. It needs to develop indicators and verify the construct validity of them. we verified the construct validity of indicators assessing PMIS(Public Management Information System) effectiveness on the Administration DB Construction Projects.

Qualitative Indicator Development of National Award for Innovation Leading Company (국가상 혁신기업선정을 위한 정성지표의 개발)

  • Lee, Jae-Ha
    • Journal of Convergence for Information Technology
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    • v.10 no.3
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    • pp.48-57
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    • 2020
  • This study focuses on the development of simple qualitative indicators for evaluating and selecting innovation leading companies that challenge National Award. Another purpose of this study is to complement the aspect in which the innovative or value of the companies' products, technologies, and services is only quantitatively evaluated. Existing evaluation indicators of national award have too many evaluation items and were not suitable for innovation-based company evaluation. The research approach is to select category for developing qualitative indicators based on previous studies and TF discussion. From the input-process-output-outcome point of view, we have set up an indicator system as a series of flows. Finally, five categories such as creativity, system excellence, customer value, performance, and ripple effects are selected as qualitative indicator. For these selected indicators, conceptual definitions and the main points of evaluation are described. And the system level evaluation and the ADLI approach are presented for reference. The appendix also includes examples of qualitative and quantitative evaluation of real companies using these indicators. However, this study implies the possibility that the evaluation results may vary depending on the level and perspective of the evaluator. We hoped that detailed research on candidate indicators that can be used as qualitative indicators and research on the development of mixed indicators(qualitative and quantitative) will continue in the future.

Reexamining the Performance Effects of Entrepreneurial Orientation : A Study on Korean Small and Medium-sized Business Ventures (기업가적 지향성의 성과 효과 재검토 : 중소 벤처기업을 대상으로)

  • Yoon, Hyunjoong
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.5
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    • pp.103-114
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    • 2014
  • The concept of entrepreneurial orientation has been recognized as a key driver for success of business ventures. Since small and medium-sized business ventures usually lack in business experience, firm level entrepreneurship seems to play an important role in generating firm performance. Following those logics, traditional approaches assumed that the relationship between entrepreneurial orientation and firm performance is linear, but recently studies start to report non-linear relationships. However, only a few researches examines and compares the performance effects of entrepreneurial orientation with diverse performance indicators. Current study explores the effects of entrepreneurial orientation both on financial and innovative performance with 1,497 Korean small and medium-sized business ventures. This study finds that there is a linear relationship between entrepreneurial orientation and financial performance, but inverted U-shaped relationships between entrepreneurial orientation and innovative performance, measured by product novelty and patent issued. Also those relationship patterns are consistent with different measurement of entrepreneurial orientation. Based on these results, theoretical implications with some limitations are discussed.

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A Study on the Effect of Patents, Technical White Papers, and Source Codes on the Financing Performance at Initial Coin Offerings

  • Youngkeun CHOI;Byoung-Goo KIM
    • The Journal of Industrial Distribution & Business
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    • v.15 no.7
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    • pp.19-28
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    • 2024
  • Purpose: The objective of this research was to investigate how blockchain ventures can optimize their wealth through Initial Coin Offerings (ICOs). Drawing upon signal theory, this study examined the impact of technological capabilities on the performance of ICOs in blockchain ventures. Given the highly technical nature of companies involved in ICOs, the technical proficiency of venture companies can have a significant influence on the success of ICOs. Specifically, three potential indicators of technological capability - patents, white papers, and source code - were analyzed. Research design, data and methodology: To accomplish this, a database was constructed by coding the relevant variables from various sources for 514 companies that launched ICOs. This study conducted hierarchical regression analysis for the hypotheses test. Results: The results indicated that a blockchain venture with a patent had a positive effect on the performance of the ICO. Additionally, publishing source code had a positive impact on ICO performance. Conclusions: This study identifies crucial factors for ICO success, emphasizing the importance of technological capabilities. Companies should enhance these to boost investor confidence, transparency, and outcomes. This research offers valuable insights for businesses and policymakers in the evolving cryptocurrency market, aiming to maximize ICO performance and success.

Deductions of KPIs for BSC and Process KPIs for BPM in Railway Construction (철도건설에서 BSC의 KPI도출과 BPM을 위한 프로세스 KPI도출)

  • Ryu Si-Wook;Ahn Byung-Jun;Ryu Myung-Wook
    • Journal of the Korean Society for Railway
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    • v.9 no.4 s.35
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    • pp.388-393
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    • 2006
  • Recently, Korean government demands that public sectors like railway construction should improve their management efficiency. It is necessary for railway construction supported by government budget to aim at the companywide management efficiency. The Balanced Scorecard (BSC) is known as integrated performance management framework that helps a company to translate strategic objective info relevant performance within an organization. This paper focuses on relationship between KPIs (Key Performance Indicators) used to measure the performance of railway construction industry and process KPT for BPM (Business Process Management). Also, the vision and strategies of the railway construction is introduced, and the CSFs (Critical Success Factors) and the KPI based on BSC is developed. Finally, this paper explores that there is a possibility to fulfill the strategic objectives of railway construction industry through the connectivity between KPI based on BSC and process KPI based on BPM. We explain the detailed procedures with an example of railway construction industry.

The development of a duck farm management and marketing standard diagnostic checklist

  • Hong, Seungjee;Huh, Mooyul;Lee, Cheolwhi
    • Korean Journal of Agricultural Science
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    • v.45 no.4
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    • pp.879-888
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    • 2018
  • This research was done to develop a standard management checklist for duck farmers. To this end, experts in commercial duck farming participated in making a blueprint for a standard management checklist. This expert group consisted of ten members which included the researcher, a professor, an extension advisor and leading farmers in commercial duck farming. By collecting knowledge on commercial duck farming from these experts, a management performance index was made, and checking factors were designated. As a result of this expert survey, management outcome indicators and subdivision evaluation indicators were established. To confirm these results, a first stage Delphi expert survey was carried out. As a result, the experts were not in agreement with the farming scale of 1 - 4 levels and 2 levels in the management outcome indicators. Additionally, the experts were not in agreement on the choice of feed in the feeding management and the cooperative management system as well as the utilization of agricultural information in managing the business. The factors that did not have the same opinion among experts were surveyed by a second Delphi survey asking whether experts approve the requested value. As a result of the second Delphi survey, all factors have an approval rate that have a value of more than 90%. Finally, a standard management checklist was established based on the research result.

Formulating A Competitive Advantage Model for Tourism Destinations in Indonesia

  • LESMANA, Henky;SUGIARTO, Sugiarto
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.237-249
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    • 2021
  • Indonesia has successfully increased its ranking to 40th place in the 2019 Travel & Tourism Competitiveness Index. While tourism has become the country's second largest foreign exchange contributor, there is no existing competitive advantage model for Indonesian tourist destinations. The purpose and novelty of this study is to develop and formulate a competitive advantage model for Indonesia's tourism industry. The model will be based on the supply-side perception analysis of competitiveness indicators from Bali and five designated super-priority destinations in Indonesia. This model is expected to become a guideline for policymakers to design an effective and focused strategy. Data were obtained from in-depth interviews with, and questionnaires given to, 62 qualified industry players from the public and private sectors. This data-driven approach builds a relationship between competitiveness indicators and competitive advantages using a combination of importance-performance analysis and confirmatory factor analysis, thereby leveraging these advantages to generate a strategic model to compete in the international tourism industry. This would also be the first study to use this method in defining the competitive advantage of a destination. Using structural equation modeling, the study found that there are 54 indicators representing twelve dimensions of competitive advantages with good fit criteria.

Export-Import Value Nowcasting Procedure Using Big Data-AIS and Machine Learning Techniques

  • NICKELSON, Jimmy;NOORAENI, Rani;EFLIZA, EFLIZA
    • Asian Journal of Business Environment
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    • v.12 no.3
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    • pp.1-12
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    • 2022
  • Purpose: This study aims to investigate whether AIS data can be used as a supporting indicator or as an initial signal to describe Indonesia's export-import conditions in real-time. Research design, data, and methodology: This study performs several stages of data selection to obtain indicators from AIS that truly reflect export-import activities in Indonesia. Also, investigate the potential of AIS indicators in producing forecasts of the value and volume of Indonesian export-import using conventional statistical methods and machine learning techniques. Results: The six preprocessing stages defined in this study filtered AIS data from 661.8 million messages to 73.5 million messages. Seven predictors were formed from the selected AIS data. The AIS indicator can be used to provide an initial signal about Indonesia's import-export activities. Each export or import activity has its own predictor. Conventional statistical methods and machine learning techniques have the same ability both in forecasting Indonesia's exports and imports. Conclusions: Big data AIS can be used as a supporting indicator as a signal of the condition of export-import values in Indonesia. The right method of building indicators can make the data valuable for the performance of the forecasting model.

Extraction of the Key Performance Indicators of Construction Management Using Balanced Score Card (균형성과표를 활용한 건설사업관리의 핵심성과지표 도출)

  • Lim, Wooseok;Jung, Jihyun;Lee, Hakki
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.6
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    • pp.22-30
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    • 2015
  • Enterprises should set up realizable goals and continually control the goals from apprehending whether they can be realized or not so that the enterprises grow consistently. Furthermore, from supplementing parts to be improved, goals are reset and the result should be controlled in order to fit to them. Lately, a lot of discussions about the results of organizations, projects, and companies are being realized in construction field. Particularly, in construction management, effective and professional control activities throughout the life cycle of facilities as well as the stage of business implementation of construction work are needed. About the result measurement of the construction management, lots of most domestic researches stay in the level of establishing basic concepts. Also, since characteristics of the construction field and the construction management were not reflected properly, it is in a situation that the result control system is not applied to on-site real works. Hence, this study intends to suggest fundamental data for measuring objective results from extracting result areas and key performance indicators of the construction management using Balanced Score Card.